A story in the Cairns Post today discusses a “mega-familiarisation” for backpacker tour agents in Cairns. The backpacker market is obviously an important sector for the region so this is good to see happening. However, for reasons that escape us, the Post has decided to demonstrate the importance of the …read more
Although we have been, and continue to be, rather sceptical about the Master Builders Survey of Industry Conditions (largely because the forecast changes always seem either wildly optimistic, or horribly pessimistic) their most recent report for the Sept quarter (available for download here) shows actual business performance conditions (as opposed …read more
As we commented on at the time (see here) the Productivity Commission draft report into disaster relief funding contained some very worrying recommendations around NDRRA disaster funding. The proposed reduction in Federal assistance from 75% to 50% would result in a massive, and achievable, increase in the share of cash …read more
Our previous blog regarding the Dept of Employment Small Area Labour Market (SALM) data contained a graph showing the unemployment rate for the Cassowary Coast, Cairns and Townsville Local Government Areas. We had previously been tracking the aggregated unemployment rate for the CCRC using the “old” Statistical Local Area data …read more
Every quarter the Department of Employment produce their Small Area Labour Market (SALM) statistics. Following the changes to the ABS geographical standards this year the Dept have been struggling to put together the data for the March and June quarters of 2014. It’s been a long time waiting but today …read more
Today’s Cairns Post has splashed with a story that Tony Fung is prepared to walk away from the Aquis proposal if his proposed take-over of the Reef Hotel Casino isn’t OK’d by the authorities soon enough. However, behind the brouhaha lies a simple truth; the process isn’t taking any longer than usual. …read more
The graph below plots the Conus and ABS Trend series for employment to working population ratios. As we can see, the Trend has been on a steady decline since early 2009 with the gap between Greater Brisbane and the Rest of Queensland staying largely stable. However, Cairns has been highly …read more
Friday’s article from the Cairns Post (see here) on the regional jobs data makes it clear that they still haven’t got a grasp of how unreliable the raw ABS data is. The article reports a “bizarre situation” where the number employed a year ago is higher than the number employed …read more
Comments coming from LNP Minister David Crisafulli regarding the allocation of the proceeds from the proposed lease of Townsville Port brings into focus concerns we have expressed previously about the inequity of the Newman Government’s stance on asset lease/sale proceeds. The LNP position, as stated to us personally at a …read more
Since introducing the Conus Trend series for regional jobs data we have had frequent queries as to why our data appears so different to that provided for the Cairns region by the Queensland Government Statisticians Office (their report for Cairns Sept data is available here). The simple answer is that …read more